Frank E. Nothaft
Vice President and Chief Economist
Frank E. Nothaft was appointed to the position of chief economist in December 2001 and vice president in March 2004. In this position, Nothaft is responsible for forecasts, research and analysis of the macroeconomy, housing and mortgage markets. Nothaft is also involved in affordable lending analysis and policy issues affecting the housing finance industry. A widely quoted expert on housing and economic issues, Nothaft makes frequent appearances in both local and national media outlets.
Prior to being named chief economist, Nothaft served as deputy chief economist for Freddie Mac from 1988, and as a senior economist from November 1986. Before coming to Freddie Mac, Nothaft was an economist with the Board of Governors of the Federal Reserve System from 1983 until 1986, where he served in the mortgage and consumer finance section and as the assistant to Governor Henry C. Wallich.
Nothaft holds a Ph.D. in economics from Columbia University and a B.A. cum laude in mathematics and computer science from New York University. Nothaft is past president and current member of the Board of Directors of the American Real Estate and Urban Economics Association and a past Board member of the Financial Management Association. He currently serves on the Advisory Board of the Real Estate Research Institute.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com and Twitter @FreddieMac.